INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Ukraine to call for Russia’s removal from UN Security Council

Kuleba said the question of Russia's veto-wielding permanent seat in the UN Security Council -- also held by the United...
  • Security Council consists of 15 members tasked with tackling global crises by enacting sanctions, authorizing military action, and approving changes to the UN charter
  • Since Russia's invasion of Ukraine, Western powers have pored through UN procedural rules to ensure Russia not block Security Council meetings

Influential Israeli Zionist rabbi Haim Druckman dies at 90

Rabbi Haim Druckman was a student of Zvi Yehuda Kook, whose movement founded settlements after Israel occupied the West Bank...
  • Druckman was a mentor to Israeli politician Bezalel Smotrich, who is set to be finance minister in Benjamin Netanyahu's new government
  • Born in what was then Poland in 1932, Druckman escaped deportation during World War II and in 1944 migrated to Palestine, which was under British mandate

Syrian Kurds protest against Paris attack

A gunman opened fire at a Kurdish cultural center and a hairdressing salon in Paris on Friday, killing three Kurds....
  • A gunman opened fire at a Kurdish cultural center and a hairdressing salon in Paris on Friday, killing three Kurds
  • Furious Kurdish demonstrators clashed with French police after the attack, which revived the trauma of three unresolved murders of Kurds 10 years ago

Tunisia rights group condemns ‘inhumane’ move to deport migrants

Tunis, Tunisia-- A Tunisian rights group condemned Sunday a "repressive and inhumane" government decision to deport a group of migrants who...
  • According to a government statement, the Tunisian cabinet approved on Friday the expulsion "as soon as possible of a group of migrants residing illegally in Tunisia"
  • The UN refugee agency UNHCR opened the Choucha camp in early 2011 to shelter those fleeing conflict amid the fall of Libya's former dictator Moamer Kadhafi

Iran general says Western claims prove ‘effectiveness’ of its drones

After repeated denials about its drones being used by Russia against Ukraine in the conflict, Iran's top general has said...
  • Western nations have sanctioned a number of Iranian firms and military generals, including the chief of the staff of Iran's armed forces
  • Iran started developing drones, or unmanned aerial vehicles (UAVs), in the 1980s during its eight-year war with neighbouring Iraq

Hezbollah hands over suspected killer of UN peacekeeper

Lebanon's powerful Hezbollah group has handed over a man suspected of killing an Irish United Nations peacekeeper earlier this month,...
  • It was not immediately clear if the individual arrested was a member of Hezbollah.
  • Hezbollah is cooperating in the probe led by Lebanese military intelligence, a security official said.

Erdogan aide blames Paris street violence after shooting on Kurd militant group

Ankara has been feuding with the US and European powers about their support for Kurdish fighters in the People's Protection...
  • "This is PKK in France," Erdogan's foreign policy adviser Ibrahim Kalin tweeted, posting images of overturned and burning cars in Paris.
  • The Kurdistan Workers' Party (PKK) is designated as a terrorist organization by Turkey and its Western allies.

Putin accuses the West of trying to ‘tear apart historical Russia’

"At the core of it all is the policy of our geopolitical opponents aiming to tear apart Russia, the historical...
  • "We are acting in the right direction, we are protecting our national interests, the interests of our citizen, of our people," Putin said.
  • He repeated claims that Moscow was "ready to negotiate with all participants in this process (to find) an acceptable solution" to the conflict.

Fishermen return to Iran years after Somalia kidnapping

TEHRAN, IRAN - Fourteen Iranian fishermen seized by the Al-Shabaab militant group in Somalia, some as long as eight years ago,...
  • The fishermen were welcomed in a special ceremony at Tehran's Imam Khomeini International Airport.
  • Their release comes almost a month after Somali police said they discovered 20 foreigners near territory controlled by the militant group.

Top UN, NGO officials to meet over Taliban ban on women staff

"A meeting of Humanitarian Country Team (HCT) is scheduled later today to consult and discuss how to tackle this issue,"...
  • The HCT comprises top UN officials and representatives of dozens of Afghan and international NGOs who coordinate distribution of aid across the country.
  • Taliban authorities have ordered all NGOs to stop women employees from working, drawing swift international condemnation.

Apple to invest additional $100 bn in US: White House

Washington, United States -- Apple will invest an additional $100 billion in the United States, taking its total pledge to...

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WikiLeaks founder Assange freed in US plea deal

Assange had been detained in the high-security Belmarsh prison in London since April 2019. He was arrested after spending seven...

Israel PM says ‘intense’ phase of Gaza war winding down

Netanyahu said Israel would be able to "redeploy some forces to the north" on the border with Lebanon, where exchanges...

Dubai to build $8 bn stormwater runoff system after record floods

Dubai, UAE -- Dubai on Monday announced an $8 billion plan for a stormwater runoff system, two months after an unprecedented...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Apple holds talks with rival Meta

The company to integrate Meta's generative AI into its products.

Lebanon Transport minister denies Hezbollah weapons at Beirut Airport

Lebanon's transport minister denied on Sunday that Hezbollah was storing weapons at Beirut airport, as fears grow of all-out war...
  • Hamieh invited ambassadors and journalists to inspect the airport on Monday morning
  • Cross-border exchanges between Hezbollah and Israel have escalated over the past two weeks

Beyond Nvidia: the search for AI’s next breakthrough

Toronto, Canada -- For a few days, AI chip juggernaut Nvidia sat on the throne as the world's biggest company, but...
  • Nvidia, which makes the processors that are the only option to train generative AI's large language models, is now Big Tech's newest member.
  • Even tech's second rung on Wall Street has ridden on Nvidia's coattails with Oracle, Broadcom, HP and others seeing their stock valuations surge, despite sometimes shaky earnings.